National Republican., 1887-02-17

WITHOUT nh1Il, because Oh the temporary
ineapacity OF the individual to prosecute
relieve them Of the temporary incapacity
arising from the duties Incident to moth
erhood, then their capacity for production
may be utilized TO the greatest extent.
Very many Of the Industries would be
open to and managed as well by women In
their co operative capacity as by men. The
moral influences Of cooperation are very
great. All in the organization are inter-
ested in the welfare and good conduct Of
every other member. All the good influ-
ences Of the whole are brought TO bear in
favor OF the individual, and all the In
dividual members unite to make the whole
most powerful for the accomplishment Of
results.
SENATOR sTANFoRD's BILL.
A BILL to encourage cooperation and to
provide for the formation OF associations In
the District Of Columbia for the purpose of
conducting any lawful business and dividing
:, the profits among the members thereof
whereas the right of association for any law
iul purpose is natural right; and
Whereas tho exercise OF this right enables per.
sons OF small means or whose only capital Is
labor TO combine such means or labor In COM
mon enterprise and bring 10 II the strength
Of the whole, and the intelligence Of all;
Whereas the passage Of liberal laws relating to
the mode and manner by which cooperative
associations may be formed, and defining
the rights and duties of the members thereof
will encourage the formation of such associ
ations, and give the incentive TO industry
which comes from q knowledge that its fruits
will be secured to the worker: Therefore,
BE II endcted on tic Sndto aud House of Repre-
sentotires Of he tnitcd States Of Americ1 fn Con.
1ress assembled, That any two or more persons
may associate themselves together In tho mau-
conducting any lawful business, trade, or oc-
cupation, or for any purpose for which indi-
viduals may lawfully associate themselves.
nj n fx8A m INN AAatr
ing to associate themselves together for the
purpose Aforesaid shall prepare articles of as.
soeiation. which articles shall set forth
First The name Of the association.
Second. The purpose for which II is formed.
Third. The place where Its principal business
is 10 be transacted.
Fourth The term for which It is to exist, not
exceeding ninety-nine years.
Fiflh. The number OF the managers thereof.
and the names and residences Of those who are
appointed for the first year.
Sixth. The amount Of moneyed capital, If
capital is divided,
then the amount and kind of proserty which
the associates devote to the enterprise, and the
interest OF each therein.
Eighth. II there Is neither moneyed capital
nor otherproperty devoted, but the labor alone
| Of the associates is in the first instance COM
| bined, then the amount Of labor TO be per
it will be performed, aud what per-
| centage OF the net proceeds OF such
| labor shall be reserved TO the association as
| Ninth. If moneyed capital and other prop
| erty Is combined, then the amount thereof and
the kind Of property, and the share or interest
Tenth. II labor be combined with either
moneyed capital or other property, or both.
then the share or interest Of each therein, the
terms upon which il viii be performed, and
| what percentage of the net proceeds of such
labor shall be reserved to the association as
1 ttalf f,,S,, NsAt.0
SIC 3. That the articles Of association here.
| inbeiore provided for must be subscribed by
| the original associates and acknowledged by
territory of the United States having q seal and
authorized by the laws of such state or territory
| to take and certify Acknowledgements Of con-
SEC. A. Tint the articles of association so
subscribed and acknowledged must be filed
for record and recorded In the office Of the re-
corder of deeds for the District OF Columbia,
which officer must, upon the filing, make and
| deliver to the associates, or their agent, Ger.
titled copy thereof, noting on the same the
the association shall be complete and 1t shall
have ana exercise all the power for which 1t
was formed.
alton filed in pursuance of this act and certi-
fled by said recorder OF deeds shall be received
in all courts and other places as prima facie
| evidence of tho facts therein stated.
SEC. @. That every association formed under
this act must, within ninety days after filing
| the articles OF association, adopt code of by
laws for the government Of the association not
inconsistent with the constitution and laws of
the United States, The assent Of members
representing majority Of the capital stock or
or property subscribed, or a majority of the
associates, If there be no capital stock or
property subscribed, shall be>necessary to
SEC. T. That any such association may, by its
code of bylaws, provide for
First. The time, place, and manner OF calling
Second. The number Of members of the
association which shall constitute quorum.
Third. Voting by proxy If 1t Is so desired, and
the mode and manner thereof.
Fourth. The number of managers, the time
of their election, their term of office, the mode
and manner OF their removal, and the power
and authority thereof.
Fiflh. The compensation, If any, of the man
Sixth The number of the officers, If any
other than the managers. and their tenure OF
office.
Seventh. The mode and manner Of the trans
fer OF shares and the succession in member
Eighth. The restriction, II any, upon the
| transfer of shares, membership. and rights In
the association. and the limitations as to the
amount Of interest to be held by any one OF
| more Of the associates.
Ninth. The mode and manner of conducting
| business.
Tenth. The mode and manner Of conducting
| elections.
Eleventh. For assessments upon the moneyet
capital subscribed, If any, or for the install
ments to be paid at stated periods, or for worl
to be done; the mode and manner Of enforcing
| the payment OF such assessments or Install
ments, or doing work, or for forfeiting or sell
ing the shares or interest Of any member OF the
association delinquent for such assessments, o
Twelfth. Such other things as may be prope
toe 70 carry out % the purpose for which the associa
SEC. s. That the bylaws adopted must be
signed by majority of the associates and re
corded in book to be kept In the office of thu
association, and q copy OF such record, duly
authenticated 6y the seal OF the association. !
must be filed in the Office of the recorder o
deeds of said District. The bylaws may b,
repealed or amended or new by-laws may bt
adopted, at any meeting Of the associates. by
vote of members representing two thirds OF th'
capital stock, II any, or two.thirds Of the prop
erly devoted to the enterprise, II any, or
by two.thirds of the persons composing sucl
association; and the amendments, revisions
and new bylaws shall be recorded and filed IL
The manner manner, provided for recording and film
SEC. 0. That every association formed unde
this act shall have power
First. OF succession by its associate name 70
the period Of Of ninety; ~ N,y; nine years 10 ,,o :,
| any court.
Third. 10 make and use a common seal ant
alter the same at pleasure.
Fourth. To purchase, hold, and convey rea
association may require.
Fiflh. To appoint such subordinate officer
or agents as The business may require, and :,
allow them suitable compensation.
Sixth. To admit associates, and TO sell or for
felt their interest in the association for the pur
sS NJ pSss or OF work or labor 81 rqqused ~
Seventh. 10 enter into any obligations
contracts
essential to the transaction OF It's affairs or fo
thIAW n 4 mol